10 year bond yields higher. Gold up. Oil continues run higher. EUR is the strongest. USD the weakest.
The European stock markets are closed and the results are mixed:
- German DAX fell -0.6%
- France's CAC fell -0.3%
- UK's FTSE closed a record level up 0.2%
- Spain Ibex fell by -0.2%
- Italy'sFTSE MIB rose by 0.64%
- Portugal's PSI 20 fell by -0.2%
In the 10 year debt market in Europe, yields were mostly higher
- Germany 0.587%, up 4.4 basis points
- France 0.867%, up 5.4 basis points
- UK 1.316%, up 3 basis points
- Spain 1.543%, down 1.0 basis points
- Italy 2.054%, up 1.6 basis points
- Portugal 1.834%, down -0.7 basis points
In other financial markets:
- Spot gold is higher by $5.50 on the back of a weaker dollar. That is up 0.43% at $1322.50.
- WTI crude oil futures continues the surge higher and trade up 0.84 cents or 1.35% at $64.42
- CME bitcoin is trading down $380 or -2.63%. Ripple is up about $.12 or 6.01% at $2.10
In the US stock market, the major indices are higher:
- S&P futures are up 8.42 points or 0.31% at 2756.70. That is near the high at 2758.98
- NASDAQ composite index is up 27 points or 0.38% at 7180.55. The high reach 7183.18. The low extended to 7163.22
- The Dow industrial average is up 100 points or 0.40% at 25,469.80
In the forex market as London/European traders look to it exit, the EUR is the strongest currency on the back of a more hawkish ECB meeting minutes. The USD is the weakest. The dollar is down against the AUD as well. Australia's retail sales were much stronger last night.